Learning Tree International, Inc. (OTCMKTS:LTRE) Files An 8-K Submission of Matters to a Vote of Security HoldersItem 5.07 Submission of Matters to a Vote of Security Holders.
At the Annual Meeting of Stockholders of Learning Tree International, Inc. (the “Company”) held on April 17, 2018 (the “Annual Meeting”), the stockholders voted on: (i) the election of two Class II directors to serve for a three-year term ending at the 2021 annual meeting of stockholders (Proposal 1); (ii) the approval of the Learning Tree International, Inc. 2018 Equity Incentive Plan (Proposal 2); (iii) the approval, on a non-binding advisory basis, of the Company’s executive compensation (Proposal 3); and (iv) the ratification of the appointment of BDO USA, LLP as the Company’s independent auditors for the fiscal year ending September 28, 2018 (Proposal 4);. Each of the four proposals voted on at the Annual Meeting, which are described in further detail in the Company’s Definitive Proxy Statement, was approved by the Company’s stockholders.No other proposal was submitted for consideration of Company stockholders at the Annual Meeting.
The results of the votes cast by stockholders are as follows:
Proposal 1 – To elect two Class II directors to serve for a three-year term ending at the 202 annual meeting of stockholders.
|
For |
Withheld |
Broker Non-Votes |
|
|
John R. Phillips |
8,837,639 |
856,831 |
273,872 |
|
Richard J. Surratt |
8,908,673 |
785,797 |
273,872 |
Proposal 2 – The approval of the Learning Tree International, Inc. 2018 Equity Incentive Plan.
|
For |
Against |
Abstain |
Broker Non-Votes |
|
8,748,366 |
946,100 |
|
273,872 |
Proposal – The approval, on a non-binding advisory basis, of the Company’s executive compensation.
|
For |
Against |
Abstain |
Broker Non-Votes |
|
8,809,626 |
884,591 |
|
273,872 |
Proposal – The ratification of the appointment of BDO USA, LLP as the Company’s independent auditors for the fiscal year ending September 2, 201.
|
For |
Against |
Abstain |
Broker Non-Votes |
|
9,172,227 |
796,086 |
|
– |
About Learning Tree International, Inc. (OTCMKTS:LTRE)
Learning Tree International, Inc. is a vendor-independent provider to business and government organizations for the training and education of their information technology (IT) professionals and managers. The Company’s segments include the United States, Canada, the United Kingdom, Sweden and Japan. It offers a library of intensive instructor-led courses from one to five days in length, which consist of approximately 340 different course titles representing approximately 4,500 hours of training, including approximately 120 multi-day IT course titles, approximately 70 multi-day management course titles and approximately 150 one-day boot camp course titles. Its courses provide education and training across a range of technical and management disciplines, including operating systems, databases, computer networks, computer and network security, Web development, programming languages, software engineering, open source applications, business skills, leadership and professional development.
